Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s): RECAF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.

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Reconnaissance Energy (Africa) Ltd > At its finest

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Comment by CoreyBon Aug 18, 2021 7:09pm

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RE:RE:At its finest

Then the average investor should cash out and buy GIC's instead. You have to put in the research and analysis in order to punch holes, otherwise you just burn money making swiss cheese out of the desert and have nothing but dry holes. That is the problem with millennials, want everything handed to them without any of the effort, give everyone a fking participation medal.

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